BRICS doubles in size with 5 new members; Putin hints at further expansion

The BRICS bloc of top emerging economies, including India, Russia and China, has announced induction of five full members into it in an attempt to expand its strategic heft against the backdrop of......

Pragati Maidan: A Walk In Time

'A microcosm of India, inclusive and welcoming'.For years, Pragati Maidan was the centre of Delhi's social life. IMAGE: The Hall Of Nations, India's first pillar-less building, the kind no other......

Xi in Moscow for talks with Putin to 'end Ukraine war'

Ahead of his crucial talks with Russian President Vladimir Putin in Moscow, Chinese President Xi Jinping said on Monday that his peace plan to end the raging Ukraine war takes into account the......

India supports mutual trust among SCO members: Modi

Prime Minister Narendra Modi on Friday called on the Shanghai Cooperation Organisation to develop reliable and resilient supply chains to offset the disruptions caused by the Covid-19 pandemic and......

SBI authorised to promote rupee trade with Russia

India has decided to authorise the country's biggest lender SBI to promote rupee trade with Russia and soon Moscow will name its bank to operationalise the mechanism, exporters' body FIEO said on......

Settling trade in rupee: FTP tweaks may allow traders export benefits

The Union government will soon make amendments to the foreign trade policy (FTP) to enable exporters to claim export benefits for settling trade in rupees. Photograph: Lucy Nicholson/Reuters......

Exports decline 1.11% in October; trade deficit narrows

Imports too declined by 16.31 per cent to $37.39 billion. India's exports contracted for the third month in a row in October by 1.11 per cent to $26.38 billion mainly on account of a significant......

Oil price rise could derail many of Delhi's calculations

The task of Union Finance Minister Arun Jaitley to keep inflation under check, even when the country reeled under severe drought for two years in a row, and reduce the current account deficit, was......